Duke Energy donates $1.25M for green-energy education

Duke Energy Corp.'s philanthropic foundation will donate $1.25 million to N.C. State University's College of Engineering to support education regarding green energy.

The five-year grant will create one professorship in nuclear engineering and another in electrical and computer engineering. The funds also will establish an outreach program to promote engineering in K-12 schools.

The west atrium in N.C. State's electrical and computer engineering building will be renamed the Duke Energy Atrium, the school says.

The donation will also go toward the renovation of two conference rooms in the engineering college. Those rooms also will be named after the utility.

Charlotte-based Duke (NYSE:DUK) supplies and delivers electricity to 4 million U.S. customers in its regulated jurisdictions. The company has 35,000 megawatts of electric-generating capacity in the Midwest and the Carolinas, and natural gas distribution services in Ohio and Kentucky.